YEARLY HIGH
0.6217 QAR
YEARLY LOW
0.4271 QAR
YEARLY AVERAGE
0.5235 QAR

2020 TRY to QAR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2020

During 2020, the TRY to QAR exchange rate experienced significant fluctuation. The market reached its absolute peak on January 16, valuing the pair at 0.6217. Conversely, the yearly low was recorded on November 7, dropping to 0.4271.

This high-to-low spread represents a total annual volatility of 0.1946 QAR. From a start-to-finish perspective, comparing the January average rate of 0.6145 to the December average rate of 0.4730, the exchange rate registered a net change of -23.04% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2020 high of 0.6217 was down 11.53% compared to the 2019 peak of 0.7028, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 50,000 TRY based on timing:

Yearly Peak High 31,087 QAR
2019 Average 32,081 QAR
Yearly Trough Low 21,355 QAR
Transaction Impact: A difference of 9,732.41 QAR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2020.

0.6302
0.4421
JanuMarcMayJulySeptNove

TRY to QAR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.5634, compared to 0.4836 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0798 points.

H1 Avg (Jan–Jun) 0.5634
H2 Avg (Jul–Dec) 0.4836

Volatility Range Comparison

Volatility

The most volatile month in 2020 was November, with a trading range of 0.0555 QAR (High: 0.4826 / Low: 0.4271). On the other end, July was the most stable month, with a tight range of 0.0112 QAR (High: 0.5331 / Low: 0.5219).

November Spread (Volatile) ±0.0555
July Spread (Stable) ±0.0112

Growth Streaks & Declines

Trends

No sustained consecutive month-over-month growth streak of 2+ months occurred in 2020. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.0424 points.

Longest Streak 1 Mo.
Sharpest MoM Drop -0.0424

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (January 2020: 0.6145) against the same month in 2019 (average: 0.6795), the exchange rate shifted by -0.0650 (-9.57%).

2020 Avg (January) 0.6145
2019 Avg (January) 0.6795

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.6217 0.6087 0.6145
February 0.6090 0.5833 0.6003
March 0.5988 0.5503 0.5740
April 0.5488 0.5208 0.5316
May 0.5406 0.5057 0.5261
June 0.5429 0.5310 0.5341
July 0.5331 0.5219 0.5299
August 0.5252 0.4920 0.5005
September 0.4939 0.4656 0.4824
October 0.4694 0.4362 0.4582
November 0.4826 0.4271 0.4578
December 0.4933 0.4615 0.4730